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true from the first year i was in the pentagon in 1962. it is by far the best military acquisition program in the world than it is certainly better than other government agency acquisition programs, some of which have also been involved. >> we grade on a curve there. don't worry. [laughter] >> there are seven things here that lead us in the wrong direction that i want to mention. it's a little confrontational. i do not think there is a legislative way to fix the acquisition. i do think the point made by admiral roughead is extremely important. you have to get the acquisition process, the requirements process working together more seamlessly than the currently do. that would be an important step forward. i do not believe there is a legislative design that can fix the whole matter. it is my experience and the secretary proposition which we had a drawdown that was closer to the 16%, may be in excess of that, there and what is planned for today, that it is very important to look at these two proposals. one is to cut half the programs if it exceeds 10% of the design costs. i will point
, the president traveling to norfolk, virginia, an area have the with pentagon contracts and military construction and the navy shipyards. what are you looking for? guest: the most interesting things will be the votes in the house and senate. if democrats are able to win over a number of republicans to get a compromise through, that would really upset the equation. it would be very much unexpected. that is maybe our one chance to avert the sequester. more likely, it will be a vote were democrats -- where democrats put forward a plan but fails. then you'll see a lot of finger- pointing from both sides, with republican saying, democrats could not pass of planned. the democrats will say, republicans are the ones who blocked our compromise to be in the senate. -- plan in the senate. there'll be a lot of blame shifting. it will be interesting to see the one side or the other is able to garner a political advantage. host: justin sink from the hill newspaper. week untiling -- one sequestration -- will it matter? federal agencies to have some win room -- some siggle room -- wiggle room. -- in the "usa tod
.m. eastern a report on defense spending and modernizing the pentagon budget. the japanese prime minister is visiting washington. he will be talking about japan's future of 4:00 p.m. eastern of the center for strategic and international studies. >> its blockade is the principle no. n -- principal naval strategy of the northern states, the principal naval strategy of southern states is commerce. one gun right there, but if you are going after merchant ships, one is all you need. if you caught a merchant ship, the idea was to come alongside and accrue on board, take it to a court where it could be adjudicated, sell it at auction, and you get to keep the money, but because they depend entirely on the profit motive, the ship owner pays men, the ship hires the officers, he expects a return on your money. without friendly ports where they could be condemned and sold, you cannot make a profit on a private hearing. therefore, confederate private peering died out almost immediately. maritime entrepreneurs found out they could make more money blockade running. >> the his story and craig simon looks
. the president following -- traveling to newport, virginia, an area happy with pentagon contracts, military construction, and the navy shipyard. what are you looking for? guest: the most interesting thing will be debates in the senate. if democrats are able to win over enough republicans to get a compromise deal through, that will really upset the equation. it would be very much unexpected. but that is maybe our one chance to offer the sequester at this point. more likely, it will be a vote where democrats put a plan forward, it cannot garner enough republican support, and it fails. a republican plan is put forward and also does not pass. the democrats control the senate. then, republicans will say the democrats could not pass a plan. the democrats will say, republicans have one to do what? they blocked a compromise plan in the senate. there will be a lot of finger- pointing, a lot of gamesmanship. it will be interesting to see if one side or the other is able to garner a political advantage. host: justin sink, who is following this story for "the hill" newspaper. >> here is a look at our
Search Results 0 to 3 of about 4